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Sep 30, 2012
09/12
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obama's senior advisor david axelrod is here next. the pace of change is accelerating. the way we... perform, compete and grow. and people are driving this change. that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >> i am joined by a senior advisor david axelrod. i want to pick up on what john mccain and i were talking about. the
obama's senior advisor david axelrod is here next. the pace of change is accelerating. the way we... perform, compete and grow. and people are driving this change. that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. why...
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Oct 3, 2012
10/12
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CSPAN
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if you elect obama for the next four years, there will be no better than the past four years. i happen to believe that is true, but not very inspiring. it is hard to blame the guy. he wants to get reelected with a pretty narrow cast approach to democratic and independent constituencies. i do not think we will get the kind of framing you would like. i am a little less pessimistic. i do think reality matters. and we will hit a cliff and all kinds of ways. the fed cannot keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably
if you elect obama for the next four years, there will be no better than the past four years. i happen to believe that is true, but not very inspiring. it is hard to blame the guy. he wants to get reelected with a pretty narrow cast approach to democratic and independent constituencies. i do not think we will get the kind of framing you would like. i am a little less pessimistic. i do think reality matters. and we will hit a cliff and all kinds of ways. the fed cannot keep printing money and...
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Sep 29, 2012
09/12
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FOXNEWS
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the next day, she beat obama in the new hampshire primary. >> the kind of comeback that new hampshire has just given me. >> she tears up and that moves 11 points in one day. >> she showed real authenticity, and i think voters were very much attracted to that. >> authenticity is rare in politics, and in presidential campaigns the consultants strive to control everything. >> this is all fear. >> democratic bob beckel has counseled hundreds of candidates. >> it's theatre of politics, trying to get the people to come in and take a look and see if they like your play. >> here in cleveland, the romney campaign's preparing a play, trying to get lots of people to watch. >> only way to attract them to the theatre is if it looks good. >> tighten that out a little bit. >> just one presidential campaign, in the fall, in the general election, involves 400 people, advance people, setting up a stage. >> mike check. 1-2. >> a presidential campaign stop involves a lot of hard work. >> most are paid to do this. some are volunteers. >> does anybody have any questions? >> the planning starts days earlier
the next day, she beat obama in the new hampshire primary. >> the kind of comeback that new hampshire has just given me. >> she tears up and that moves 11 points in one day. >> she showed real authenticity, and i think voters were very much attracted to that. >> authenticity is rare in politics, and in presidential campaigns the consultants strive to control everything. >> this is all fear. >> democratic bob beckel has counseled hundreds of candidates....
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the next presidential debate is a town hall format. is there a certain type of candidate that does better in that kind of setting? obviously bill clinton comes to mind, he excelled in those debates. >> bill clinton was the master of the town hall format. he made such a great, strong emotional connection with the people asking the questions. just in an absolutely masterful way. i think it favors candidates who have that particular style, but what it does tend to do is discourage a lot of attacks among the candidates on the stage, because it's really hard to do that, it's hard to pull that off when you've got a group of citizens who are there to ask their questions. that's not a very good venue for one candidate to launch an attack against another. >> one of the side notes from last night was governor romney's big bird reference on twitter, it's been talked about today. you say governor romney has a history of making cultural references or pop culture references that don't necessarily help his message. how so? >> well, you know, his pop
the next presidential debate is a town hall format. is there a certain type of candidate that does better in that kind of setting? obviously bill clinton comes to mind, he excelled in those debates. >> bill clinton was the master of the town hall format. he made such a great, strong emotional connection with the people asking the questions. just in an absolutely masterful way. i think it favors candidates who have that particular style, but what it does tend to do is discourage a lot of...
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that when one candidate gets ahead the media kind of beats up on that person until the next one until they're you know they just want to keep it like this because that brings in the advertising dollars it doesn't seem to be happening in this election cycle could it be that the reason it's not happening in this election cycle is because there's so much money being poured in the t.v. stations networks they don't have any extra time to sell. and this is my very very very conspiracy theory about well i hadn't thought of it that way but you know i think a lot of what's going on is reporters really don't know what's going on i think that the landscape is so shifted in this election i think when the history is written this will be the one where everything has so shifted between the. the technological changes that have happened with cell phones and tablet devices and how that's being used to micro-targeting it all this stuff this is going to be the year where that all shifted and the twitter thing and reporters really are not able to keep up with the news cycle it's going to it's going to be
that when one candidate gets ahead the media kind of beats up on that person until the next one until they're you know they just want to keep it like this because that brings in the advertising dollars it doesn't seem to be happening in this election cycle could it be that the reason it's not happening in this election cycle is because there's so much money being poured in the t.v. stations networks they don't have any extra time to sell. and this is my very very very conspiracy theory about...
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Sep 29, 2012
09/12
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CNNW
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you then have barack obama the next night and i just didn't think it was nearly as good. i thought that was a bit of a problem even though the clinton effect can help him, the barack obama now has not got that sort of messianic feel he had four years ago. he's got to really raise his game in these debates. >> the great thing about this debate is that it gives him the chance to directly confront mitt romney on what his plans are. mitt romney has been talking generally about how he's going to save the country from the economic mess that the president has led us into. well, the reality is the stock market is booming, we've seen the jobs numbers turn around, the numbers today saying that there's net job creation takes away a big talking point and what is mitt romney going to do specifically, how is his tax plan going to be structured? he hasn't answered those. what deductions is he going to take away because failure to answer allows for there to be an argument that he's going to raise taxes on the middle class to pay for tax cuts for the wealthy. so i think the president has
you then have barack obama the next night and i just didn't think it was nearly as good. i thought that was a bit of a problem even though the clinton effect can help him, the barack obama now has not got that sort of messianic feel he had four years ago. he's got to really raise his game in these debates. >> the great thing about this debate is that it gives him the chance to directly confront mitt romney on what his plans are. mitt romney has been talking generally about how he's going...
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Oct 6, 2012
10/12
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we'll have more on all these stories throughout the next three hours. >>> president obama today keeping his focus on jobs, as we have mentioned. the september jobs report showed a drop in the unemployment rate to 7.8%. the president said in his weekly web address that the burden is on congress to keep the economy moving forward. nbc news white house correspondent, mike viqueira joins me now. mike, what more political fallout do you think we're going to see over the jobless numbers? >> reporter: the jobs report was both symbolic and substantiative. symbolic because it got below 8%, that's considered a threshold over which no president has ever been re-elected. and substantiative because it gets down to where the unemployment rate is -- was when president obama took office in january of 2009. and don't you know, melissa, yesterday at two campaign rallies in the battleground states of virginia and ohio, one each, the president pointed that out. here at the white house, at the campaign, campaign headquarters in chicago, they are certainly hopeful that this will change the narrative, stem so
we'll have more on all these stories throughout the next three hours. >>> president obama today keeping his focus on jobs, as we have mentioned. the september jobs report showed a drop in the unemployment rate to 7.8%. the president said in his weekly web address that the burden is on congress to keep the economy moving forward. nbc news white house correspondent, mike viqueira joins me now. mike, what more political fallout do you think we're going to see over the jobless numbers?...
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Oct 7, 2012
10/12
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WJLA
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now, of course, days later we're hearing his excuses and next january we'll be watching him leave the white house for the last time. >> reporter: team romney is feeling his debate performance. the president obama is realizing he didn't perform at his peak. >> i think you can assume he reviewed the tape and it will inform -- it will inform how he handles these subsequent debates. >> reporter: it wasn't all bad news, the president was buoyed by the dp in the unemployment rate to below 8% and broke his own record by raising $181 million in just september. putting him on track to hit a billion dollars. and tonight the president is doing even more fund-raising in los angeles. appearing at a small event with bill clinton too. but it's an issue from the debate -- >> governor romney's central economic plan calls for a $5 trillion tax cut. >> i don't have a $5 trillion tax cut. >> reporter: that has the campaigns arguing in television and web ads. >> not telling the truth. >> reporter: so what's the truth? romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over
now, of course, days later we're hearing his excuses and next january we'll be watching him leave the white house for the last time. >> reporter: team romney is feeling his debate performance. the president obama is realizing he didn't perform at his peak. >> i think you can assume he reviewed the tape and it will inform -- it will inform how he handles these subsequent debates. >> reporter: it wasn't all bad news, the president was buoyed by the dp in the unemployment rate to...
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Oct 4, 2012
10/12
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romney outperformed, obama underperformed. if nothing else there will be a natural regression to the mean. plus, the expectations for obama going in were way out of whack and now they've certainly been adjusted. still feeling sad? okay. i am, too. but, again, we're going to be fine. just take a look at the president today. >> the real mitt romney said we don't need any more teachers in our classrooms. but don't boo, vote. but the fellow on stage last night, he loves teachers. can't get enough of them. >> see, look, there's the guy i love, confident, funny, relaxed. he's probably relieved that that first one is over. now he knows that romney is going to discard his long touted tax plan. he knows romney is going to come super aggressive. and the president has also likely remembered how effective it is to remind voters about romney's incredible divisive comments about 47% of america. besides, despite the ups and downs of this campaign, the good dnc and the bad job noms, the secret romney videos, this race has remained remarkably
romney outperformed, obama underperformed. if nothing else there will be a natural regression to the mean. plus, the expectations for obama going in were way out of whack and now they've certainly been adjusted. still feeling sad? okay. i am, too. but, again, we're going to be fine. just take a look at the president today. >> the real mitt romney said we don't need any more teachers in our classrooms. but don't boo, vote. but the fellow on stage last night, he loves teachers. can't get...
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Oct 5, 2012
10/12
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MSNBC
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president obama will be much more prepared and pay more attention next time. one point we should point out i think, the vice presidential debate scheduled for next week is always nearly kind of a throwaway. people watch but don't pay much attention to it. the stakes are raised now for the paul ryan versus joe biden debate. the obama campaign i don't think can afford the perception that they lost two in a row. i would think vice president joe biden's fingernails are beginning to sweat about next wednesday because he's somewhat in the same position as president obama. he's been vice president in for four years. had a lot of things going. been a long time since he's debated. paul ryan has been in the cut and thrust of congress, to be better prepared. however, ryan is in the shoes president obama was in last night and the expectations are high for ryan. i think most people feel that paul ryan will walk joe biden's dog in this debate, and that's a down for him. i would venture that the vice presidential debate may get the largest audience of any vice presidential d
president obama will be much more prepared and pay more attention next time. one point we should point out i think, the vice presidential debate scheduled for next week is always nearly kind of a throwaway. people watch but don't pay much attention to it. the stakes are raised now for the paul ryan versus joe biden debate. the obama campaign i don't think can afford the perception that they lost two in a row. i would think vice president joe biden's fingernails are beginning to sweat about next...
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Sep 30, 2012
09/12
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CNN
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obama's senior advisor david axelrod is here next. [ female announcer ] ordinary lotions aren't made to treat eczema, so it can feel like you're using nothing at all. but neosporin® eczema essentials™ is different. its multi-action formula restores visibly healthier skin in 3 days. neosporin® eczema essentials™. in 3 days. ♪ chirping beeping camera ahhhh drill sound chirping electric shaver shaking remote tapping sound shaking drill chirping tapping shaking remote wouldn't it be great to have one less battery to worry about? car honking irping the 2012 sonata hybrid. the only hybrid with a lifetime hybrid battery warranty. from hyundai. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] >>> i am joined by a senior advisor david axelrod. i want to pick up on what john mccain and i were talking about. there's
obama's senior advisor david axelrod is here next. [ female announcer ] ordinary lotions aren't made to treat eczema, so it can feel like you're using nothing at all. but neosporin® eczema essentials™ is different. its multi-action formula restores visibly healthier skin in 3 days. neosporin® eczema essentials™. in 3 days. ♪ chirping beeping camera ahhhh drill sound chirping electric shaver shaking remote tapping sound shaking drill chirping tapping shaking remote wouldn't it be great...
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Oct 5, 2012
10/12
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MSNBC
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is one figure you can bet he'll be repeating a lot in the next four weeks, 7.8. it's friday, october 5th, this is "now."
is one figure you can bet he'll be repeating a lot in the next four weeks, 7.8. it's friday, october 5th, this is "now."
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next year. and like wise, a study said 30% of them are anticipating dropping people from coverage. so, for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said, "do not do this" and the republicans had a plan, they put a plan out. they put out a plan, a bipartisan plan, it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. and we have to have a president who can reach across the aisle and fashion important legislation with the input from both parties. >> governor romney said this has to be done bipartisan basis -- this was a bipartisan basis. governor romney said what we did in massachusetts should be a model for the nation. and i agree that the democratic legislators in massachusetts might have given some advice to republicans in congress about how to cooperate, but the fact of the matter is, we used the same advisers and th
next year. and like wise, a study said 30% of them are anticipating dropping people from coverage. so, for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said, "do not do this" and the republicans had a plan, they put a plan out. they put out a plan, a bipartisan plan, it was swept aside. i think something this big, this important, has to be done on a...
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Oct 3, 2012
10/12
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up next, two tapes cause a stir on the eve of the presidential debates. one from the right on president obama and one from the left on paul ryan. will either have an impact? al sharp top is going to join me. plus, joe biden a sex symbol? i'm going to talk to politico's -- they're dancing on the set. we're going to talk about this with jonathan allen, who says vice president biden is bringing sexy back to the medicare crowd and what do you think? we want to hear from you. do you think one of the candidates will deliver a knockout punch? you can tweet me and we'll get some of your responses. i can't believe you're missing chris and joy dancing. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> on the day of the presidential debate, two tapes from the past are creating talking points on both sides of the aisle. from the right, a 2007 tape that news org
up next, two tapes cause a stir on the eve of the presidential debates. one from the right on president obama and one from the left on paul ryan. will either have an impact? al sharp top is going to join me. plus, joe biden a sex symbol? i'm going to talk to politico's -- they're dancing on the set. we're going to talk about this with jonathan allen, who says vice president biden is bringing sexy back to the medicare crowd and what do you think? we want to hear from you. do you think one of the...
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Oct 1, 2012
10/12
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KCSM
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. >>> the fact checkers pushed back on that claim and the obama campaign changed the ad to the next version saying, "his firm had outsourced." >> so fact checking is a protection against this deception? >> fact checking is a way of not eliminating the deceptive inferences, but increasing the likelihood that you have more of these statements accurate. >> you know, there are some journalists who disagree with you. the media critic jack shafer said in a column that quote, "of course politicians and their campaigns lie. of course they continue to lie even when called out. if you think otherwise, then they might have been speaking to you. you're looking for truth in all the wrong places." is that realistic or cynical or both? >> if you say that candidates are willing to lie in order to be elected, are you saying that when they govern as president, we have just licensed them to lie to us? because we have said as a public that we think that lying is acceptable and we're willing to be duped. i worry when campaigns assume that deception is just part of normal operating procedure. i wonder whether th
. >>> the fact checkers pushed back on that claim and the obama campaign changed the ad to the next version saying, "his firm had outsourced." >> so fact checking is a protection against this deception? >> fact checking is a way of not eliminating the deceptive inferences, but increasing the likelihood that you have more of these statements accurate. >> you know, there are some journalists who disagree with you. the media critic jack shafer said in a column...
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campaign coming up who is a pollster for the obama campaign coming up in the next segment, who basically argues that in trying to reach out to, you know, the small number of undecided voters, to soccer mom s somewhere, had he been too negative, had he gone on the attack and called mitt romney a liar, that would have turned them off. do you buy that, david? >> no, i don't buy that. why would they be out making the arguments they're making today because they think they're effective today, why didn't they make them last night. i think gloria is exactly right. this is -- obama has had a very good campaign. he's got a very good team supporting him. but there is a tendency here for the president to sit on his lead. i think we saw that at the democratic convention. you know, the clinton speech was the highlight of that convention, not the obama speech. and here he came into this, i think he sat on his lead last night and what you learn in this game is the other guy and by the way, i disagree with gloria on one thing. i think this was a new mitt romney we saw last night. one we haven't seen befo
campaign coming up who is a pollster for the obama campaign coming up in the next segment, who basically argues that in trying to reach out to, you know, the small number of undecided voters, to soccer mom s somewhere, had he been too negative, had he gone on the attack and called mitt romney a liar, that would have turned them off. do you buy that, david? >> no, i don't buy that. why would they be out making the arguments they're making today because they think they're effective today,...
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Oct 2, 2012
10/12
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what would you be zinging president obama? >> i think this is a terrible strategy, actually, for the romney campaign. i think if you look -- if you look at the two periods recently when presidential debates shifted the polls, it was kerry in '04, he gained three or four points on bush after those debates and it was bush against gore in 2000 who gained points mostly because gore was unlikable. in neither case was there a sort of there you go again type zinger and frankly, the idea of mitt romney, mr. phony, delivering some kind of canned zinger, that's exactly the wrong strategy and i suspect this is just misdirection by the romney campaign. >> i love that ross just called mitt romney mr. phony. i'm done. thank you, ross. >> he just zinged you. very interesting. i will leave you to squabble over the "new york times" newsroom floor. thank you very much indeed. >>> tomorrow night, i sit down with arnold schwarzenegger. you watched the "60 minutes" interview but are left with unanswered questions. so was i so i asked them. arnold
what would you be zinging president obama? >> i think this is a terrible strategy, actually, for the romney campaign. i think if you look -- if you look at the two periods recently when presidential debates shifted the polls, it was kerry in '04, he gained three or four points on bush after those debates and it was bush against gore in 2000 who gained points mostly because gore was unlikable. in neither case was there a sort of there you go again type zinger and frankly, the idea of mitt...
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Oct 1, 2012
10/12
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FOXNEWSW
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the next day, she beat obama in the new hampshire primary. >> the kind of comeback that new hampshire has just given me. >> she tears up and that moves 11 points in one day. >> she showed real authenticity, and i think voters were very much attracted to that. >> authenticity is rare in politics, and in presidential campaigns the consultants strive to control everything. >> this is all fear. >> democratic bob beckel has counseled hundreds of candidates. >> it's theatre of politics, trying to get the people to come in and take a look and see if they like your play. >> here in cleveland, the romney campaign's preparing a play, trying to get lots of people to watch. >> only way to attract them to the theatre is if it looks good. >> tighten that out a little bit. >> just one presidential campaign, in the fall, in the general election, involves 400 people, advance people, setting up a stage. >> mike check. 1-2. >> a presidential campaign stop involves a lot of hard work. >> most are paid to do this. some are volunteers. >> does anybody have any questions? >> the planning starts days earlier
the next day, she beat obama in the new hampshire primary. >> the kind of comeback that new hampshire has just given me. >> she tears up and that moves 11 points in one day. >> she showed real authenticity, and i think voters were very much attracted to that. >> authenticity is rare in politics, and in presidential campaigns the consultants strive to control everything. >> this is all fear. >> democratic bob beckel has counseled hundreds of candidates....
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Oct 4, 2012
10/12
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CSPAN
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week and clinton and -- and romney and obama will debate next tuesday on october 16 at hofstra university in new york. the final face-off on foreign affairs is october 22 at lynn university in florida. will have live coverage of both of those debates on c-span. we will take you to denver where president obama has a campaign rally after last night's debate. the first of two rallies today. some of the original speakers before the president arrives. the crowd has gathered. the president has yet to arrive. . spec him to begin speaking around 12:05 eastern. we will follow that with your phone calls and reaction. up next, the immediate impact of last night's debates on charlie cook. he spoke this morning with republican and democratic pollsters. we will show as much of this as we can until the president arrives in denver after 12:00. >> if i could walk on water, it must be pretty thick. anyway, thank you all for coming. if i am one of the most respected, that is a low bar in this town. greg and i have been friends close to 30 years. this relationship with united technologies has been great. in
week and clinton and -- and romney and obama will debate next tuesday on october 16 at hofstra university in new york. the final face-off on foreign affairs is october 22 at lynn university in florida. will have live coverage of both of those debates on c-span. we will take you to denver where president obama has a campaign rally after last night's debate. the first of two rallies today. some of the original speakers before the president arrives. the crowd has gathered. the president has yet to...
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Oct 4, 2012
10/12
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KPIX
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next week the vice presidential candidates will debate. the following week obama romney round two. with a town hall meeting kind of format. and then the third and final debate focusing on foreign policy two weeks before election day. campaign 2012 coverage continues 24/7 at cbsnews.com. there will be more about tonight's debate first thing tomorrow on "this morning" with charlie rose, norah o'donnell and gayle king. as for who won the debate tonight, that's entirely up to you. i'm scott pelley in denver. good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] introducing a reason...to look twice. introducing a stunning work of technology -- the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. [ male announcer ] jay likes it when his mobile phone helps him deposi
next week the vice presidential candidates will debate. the following week obama romney round two. with a town hall meeting kind of format. and then the third and final debate focusing on foreign policy two weeks before election day. campaign 2012 coverage continues 24/7 at cbsnews.com. there will be more about tonight's debate first thing tomorrow on "this morning" with charlie rose, norah o'donnell and gayle king. as for who won the debate tonight, that's entirely up to you. i'm...
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Oct 3, 2012
10/12
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MSNBC
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obama offer the jobless that makes them hopeful about the next four years than the previous four? we don't know. >> a tough series of questions from "the washington post." your response. >> i don't think you'll hear platitudes from the president. you're going to hear specific plans. he's talked about building the economy from the middle class out and investing in energy and education. he's got a specific plan to do it. he set the goal of creating a million manufacturing jobs and laid out a plan how to do it to end tax breaks for companies that ship jobs overseas. he has a plan to reduce the cost of college tuition and further reduce our dependence on foreign oil because of the plans he's implemented we're at a 16-year low. i think you'll see him delve into those details tonight. we'll leave the zingers to the saturday night li"saturday nig t re-enactment and mitt romney. >> i have not said zinger and now i have. is that going to be enough for the american public? >> no. it's not actually. you know, all due respect to what's going on in chicago but the fundamental problem for the p
obama offer the jobless that makes them hopeful about the next four years than the previous four? we don't know. >> a tough series of questions from "the washington post." your response. >> i don't think you'll hear platitudes from the president. you're going to hear specific plans. he's talked about building the economy from the middle class out and investing in energy and education. he's got a specific plan to do it. he set the goal of creating a million manufacturing...
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Sep 29, 2012
09/12
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CSPAN2
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to it is obama trumpets revise job data, saying we are adding jobs. how would you describe our economy today? >> guest: well, i think right now the economy has worsening. you've got jobs problem pretty severe and persistent. 8.1% of the country without a job. of course we know that does not include those who simply stopped looking. the unemployment rate is more like 11% or 12% of the country. he mentioned durable goods numbers yesterday that indicated the big ticket items things like washing machines and other big-ticket expensive items has slowed. people are waiting to put big money down on important purchases. and then of course he got the gdp numbers yesterday, which came out and showed that growth was revised downward, economic growth revised downward to show a growth number of 1.3%, which is pretty anemic. down from 1.7%. from that report we see things have actually worsened in the last couple months. then effect the issue of business is sitting on cash. right now corporate america frankly is pretty strong. i mean, corporate america over the last
to it is obama trumpets revise job data, saying we are adding jobs. how would you describe our economy today? >> guest: well, i think right now the economy has worsening. you've got jobs problem pretty severe and persistent. 8.1% of the country without a job. of course we know that does not include those who simply stopped looking. the unemployment rate is more like 11% or 12% of the country. he mentioned durable goods numbers yesterday that indicated the big ticket items things like...